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  • December 31, 2007 at 8:35 AM #126989
    34f3f3f
    Participant

    I’m not sure I’ll wait quite that long, but watching this thing unfold, it’s a bit like lava flow; some get’s snagged on the way down, while the rest flows freely to the bottom. I guess 2012 is when it’s all solidified.

    December 31, 2007 at 9:23 AM #126748
    kev374
    Participant

    Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.

    Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!

    December 31, 2007 at 9:23 AM #126908
    kev374
    Participant

    Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.

    Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!

    December 31, 2007 at 9:23 AM #126916
    kev374
    Participant

    Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.

    Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!

    December 31, 2007 at 9:23 AM #126985
    kev374
    Participant

    Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.

    Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!

    December 31, 2007 at 9:23 AM #127009
    kev374
    Participant

    Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.

    Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!

    January 1, 2008 at 5:44 AM #127132
    bob007
    Participant

    Decline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.

    January 1, 2008 at 5:44 AM #127292
    bob007
    Participant

    Decline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.

    January 1, 2008 at 5:44 AM #127302
    bob007
    Participant

    Decline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.

    January 1, 2008 at 5:44 AM #127370
    bob007
    Participant

    Decline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.

    January 1, 2008 at 5:44 AM #127394
    bob007
    Participant

    Decline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.

    January 1, 2008 at 6:45 PM #127421
    wawawa
    Participant

    Chris Thornburg also sees bottom in 2012.

    January 1, 2008 at 6:45 PM #127583
    wawawa
    Participant

    Chris Thornburg also sees bottom in 2012.

    January 1, 2008 at 6:45 PM #127592
    wawawa
    Participant

    Chris Thornburg also sees bottom in 2012.

    January 1, 2008 at 6:45 PM #127661
    wawawa
    Participant

    Chris Thornburg also sees bottom in 2012.

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